FPIs withdraw ₹48,056 cr from equities in October so far amid elevated crude oil prices
Foreign investors have withdrawn ₹48,056 crore from Indian equities in October so far, amid elevated crude oil prices, escalating West Asia tensions, concerns over inflation and weak corporate earnings. However, Foreign Portfolio Investors (FPIs) significantly moderated their selling last week and turned net buyers on two trading days, signalling some easing in selling pressure. The…